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Seven West Media (ASX:SWM) revenues hit by covid-19
November 25, 2020
Seven West Media (SWM) has felt the impacts of COVID-19 over FY20, especially in its advertising market sector
The company's FY20 revenue dropped 14 per cent to approximately $1.2...
ARN CEO Ciaran David: No recovery yet but 'pockets of positivity' are out there
November 25, 2020
The advertising industry is slowly rebuilding after Australia’s coronavirus shutdown during the first half of the year, but ARN boss Ciaran Davis isn’t calling it a recovery fo...
22 redundancies at Ooh Media in response to Covid-19
November 25, 2020
After reporting a ‘significant downturn’ to the market in June and a significant restructure, outdoor media company Ooh Media has announced 22 redundancies across its business....
Early SMI - July ad spend continues slow climb out of COVID-19 hole
November 25, 2020
Media agency bookings for July in Australia indicate an improving trend since the depth of the economic fallout from COVID-19, say industry insiders.
Subscriber-only confidentia...
oOh! Media asks staff to volunteer for pay cut extension
November 25, 2020
oOh! Media has asked staff to take a smaller pay cheque until the end of the year as the billboard company tries to cope with low demand from advertisers.
Employees at oOh! Medi...
Ad spend back 10.6% in March but newspaper bookings soar 30.2% in response to COVID-19
November 25, 2020
While the media agency-funded ad spend market dropped 10.6% in March, the 18th consecutive month of decline, newspaper bookings soared by 30.2% in response to COVID-19, according t...
ANALYSIS - The ‘remarkable’ rebound in the value of Australian media
November 25, 2020
The value of Australian media companies has surged on the ASX since the start of the financial year after dropping hard during the confidence-sapping depths of the coronavirus cris...
TV advertising spend returns to pre-pandemic levels
November 18, 2020
The latest media agency numbers confirm a return to growth for advertising bookings for metropolitan television after being crushed during the depths of the coronavirus crisis....
ANALYSIS - Stan is Nine’s hottest play with its streaming sport move
November 11, 2020
Stan, Nine’s streaming platform valued by analysts between $900 million and a $1 billion, just became an even more valuable part of the media group with its sports play.
The s...
Christmas ad watch: 2degrees kicks off promo season with power ballad
November 9, 2020
Telecommunications company 2degrees has kicked off the Christmas advertising season with a high-budget campaign aiming to right some of the wrongs of 2020.
Featuring a remake of...
Outlook - The latest SMI numbers show advertising demand edging back
November 5, 2020
The latest SMI (Standard Media Index) numbers, driven by media agency numbers, show the return of advertisers, especially to the television market.
As expected September weakene...
COVID effect: Ad spend data shows effect of pandemic
November 4, 2020
The delays to the AFL and NRL finals in September, driven by Coronavirus lockdowns, have resulted in an abnormal decline in Australian media Agency ad spend in the month, according...